US stocks set for a strong open as inflation fears ease

“U.S. stock index futures pointed to higher open Monday morning, after the latest jobs report eased lingering concerns over inflation and the prospect of faster rate hikes” writes Sam Meredith for cnbc.com. ET, Dow futures were seen up more than 100 points and pointed to an implied open of 25,436.The Nasdaq and S&P 500 futures were also expected to open slightly higher on Monday.